Patel Developers Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15545556

		31 March 2025
	Notes	£	£
FIXED ASSETS
Investment Properties	4		213,192

			213,192
CURRENT ASSETS
Debtors	5	400
Cash at bank and in hand		3,781

		4,181
Creditors: Amounts Falling Due Within One Year	6	(67,113 )

NET CURRENT ASSETS (LIABILITIES)			(62,932 )

TOTAL ASSETS LESS CURRENT LIABILITIES			150,260

Creditors: Amounts Falling Due After More Than One Year	7		(157,278 )

NET LIABILITIES			(7,018 )

CAPITAL AND RESERVES
Called up share capital	9		400
Profit and Loss Account			(7,418 )

SHAREHOLDERS' FUNDS			(7,018)

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Patel Developers Ltd

Balance Sheet (continued)

As At 31 March 2025

For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C Patel Director	Mr K Patel Director	Mr A Patel Director
Mr K Patel Director
17 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Patel Developers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15545556 . The registered office is 32 Hampton, Great Holm, Milton Keynes, MK8 9BU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL

4. Investment Property

	31 March 2025
	£
Fair Value
As at 7 March 2024	-
Additions	213,192

As at 31 March 2025	213,192

5. Debtors

	31 March 2025
	£
Due within one year
Other debtors	400

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025
	£
Other creditors	67,113

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025
	£
Bank loans	157,278

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Patel Developers Ltd

Notes to the Financial Statements (continued)

For the Period 7 March 2024 to 31 March 2025

8. Secured Creditors

Of the creditors the following amounts are secured.

	31 March 2025
	£
Bank loans and overdrafts	157,278

9. Share Capital

	31 March 2025
	£
Allotted, Called up and fully paid	400

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